Make an attractive website for your second hand stores

Set up Shop, Choose a Platform Decide on the platform youʼll use to host your online thrift store. Options include setting up your website using platforms like Shopify or WooCommerce, selling on established marketplaces like eBay or Etsy, or utilizing social media platforms like Instagram or Facebook.

Due to low COGS, thrift stores usually have gross margins between 30% and 50%. Net profit margins, which factor in expenses like rent, utilities, wages, and marketing, typically range from 5% to 15%, depending on how well costs are managed.

But the used merchandise industry has boomed since then, recently showing an average revenue of $120,000 per worker. This means a thrift store with a staff of three people would on average pull in $360,000 in annual revenue.

Obtain Your Licenses and Permits General business license: This is required to operate a business in almost every state in the U.S. Sales permit: A sales permit is a license to collect sales tax on retail transactions. It is also known as a resale license, sales tax permit, sellerʼs permit, and reseller permit.

For-profit thrift shops are retail stores that sell secondhand goods to generate income for their owners or investors.

Opening a thrift store is a great way to give back to your community while earning a steady income. Whether youʼre passionate about encouraging sustainability, supporting local causes, or creating a unique shopping experience, running a thrift store can help you make a positive impact in a personal way.

Earnings from a profitable online thrift store vary widely, from a few hundred dollars a month to substantially more for well-established businesses.